Is Investment Banking Dying?

I've been reading and hearing people talk a lot about how "the golden days of finance are gone" and how drastically the IB industry has and will continue to change. Current and former IBs, what has been your experience and thoughts on this? Any advice for monkeys trying to break into IB/ just got started in IB?

11 Comments
 

Ultimately, navigating the purchase or sale of a business is and will likely continue to be 1) a somewhat niche skillset 2) that isn’t worth it for companies to develop internally, since those events doesn’t happen too often. It’ll be increasingly commoditized and perhaps less lucrative, but there will be M&A bankers for quite some time. Same goes for ECM and IPOs, etc. 

 

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